Teen untethers iPhone from AT&T — NEW YORK (AP) — A teenager in New Jersey has broken the lock that ties Apple's iPhone to AT&T's wireless network, freeing the most hyped cell phone ever for use on the networks of other carriers, including overseas ones. — George Hotz, 17 …

The credit crunch could help venture capitalists — The current credit crunch caused by the subprime loaning crisis may help venture capital returns, and therefore start-ups. — That's the argument of venture capitalist Keith Benjamin, of San Francisco's Levensohn Venture Partners …

VC Roundup: FM Publishing, New Leaf & Nixon Peabody — Some scattered VC notes as we head into the weekend: — * FM Publishing, the online ad network run by John Battelle, has raised $4.5 million in Series B funding, according to a regulatory filing. Return backers include New Enterprise Associates and Omidyar Network.

Federated Media blog ad network raises $4.5 million — Federated Media, a popular but sometimes controversial ad network for blogs, has raised another $4.5 million in funding, according to PE Hub's read of the company's recent regulatory filing. — Returning backers include New Enterprise Associates …

Court orders pirate to use Windows — A man convicted of illegally downloading an episode of Star Wars has been told that he can no longer use his computer with an Ubuntu Linux operating system. — Scott McCausland pleaded guilty last year to 'conspiracy to commit copyright infringement …

Internet Radio Saved - For Now — Net radio broadcasters have reached a deal with SoundExchange, the group that collects royalty fees for record labels, that will put a $50,000 cap on royalties for individual broadcasters. The cap will apply to broadcasters as a whole.

Finding DRM-Free Music Online — Over the past half year we have seen arguably the most significant change in the online music industry since Apple launched their iTunes store in 2003. Following Steve Jobs' open letter clarifying Apple's position on digital rights management (DRM) …

Source: Major Apple event on September 5th — Apple's new line of iPods will indeed be introduced in September, in line with recent speculation and rumors. But contrary to the report provided by AppleInsider yesterday, the announcement will not be happening mid-to-late September.

Yahoo!, Microsoft ink web pact with Chinese government — Microsoft and Yahoo! have signed a pact with the Chinese government that "encourages" the big name web players to record the identities of bloggers and censor content. So says Reporters Without Borders, an organization that fights for journalistic rights across the globe.

Google's Blogger fixes bug, adds video uploading — (InfoWorld) - Google's Blogger team solved a technical problem with the blog publishing and hosting service this week and introduced a new feature that gives publishers the ability to upload videos to their sites.

Google May Start New York Transit Guide to Boost Ads — Aug. 24 (Bloomberg) — Google Inc., owner of the most popular Internet search engine, provides online transit guides for more than a dozen U.S. cities including Dallas and San Diego. Now it may take on the biggest.

It's the Facebook Platform's 3 Month Anniversary — Today marks the 3-month anniversary of the Facebook Platform since it launched May 24 at F8 in San Francisco. Suffice it to say, the pace of innovation surrounding the Facebook Platform so far is faster than that for any platform ever before.

Six reasons NOT to try to be an online retailer — The internet retailing landscape has changed dramatically over the past eight years. In a summary, it used to be very easy but now it is hard and getting harder every year. The gold rush is over, and if you are someone without much money …

About Techmeme:

At this moment, the must-read stories in technology are scattered across hundreds of news sites and blogs. That's far too much for any reader to follow.

Fortunately, Techmeme arranges all of these links into a single, easy-to-scan page. Our goal is to become your tech news site of record.